Flip Profit Math: A Full Worked Example

Fix and Flip

The short version, then the substance.

The deal. Purchase $200,000, rehab $45,000, ARV $330,000. Total cost $245,000, about 74% of value. The 70% rule says this deal is in range. Now the real spreadsheet.

The costs nobody skips twice. Financing on a six month hold, holding costs for taxes, insurance, and utilities, then roughly 7 to 8% of the sale price for commissions and closing. Call the all-in costs beyond purchase and rehab somewhere in the $30,000s on this deal.

The bottom line. Sale at $330,000 minus total cost of roughly $280,000 lands a profit in the high $40,000s for six months of managed work. That is the shape of a good flip: boring math, executed on time. The drama belongs in the before-and-after photos, not the spreadsheet.

The South Texas angle. Averlend underwrites this every week in Corpus Christi and across Nueces County. If you are working a deal in downtown or anywhere else in the metro, the theory above comes with a local desk attached: see our Corpus Christi lending page or send the deal directly.